ACTIVE

CECURITY BELGIUM

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Financial year 2025 · closed on 30/06/2025

Net result

-100,8 k €

-2260.5% YoY

Gross margin

627,6 k €

-13.3% YoY

Equity

187,1 k €

-35.0% YoY

Workforce

9,3 ETP

+5.7% YoY

What does CECURITY BELGIUM do?

CECURITY BELGIUM is a Private limited company incorporated in 1986. Its registered office is in Jette. It employs on average 9,3 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0429.355.652

Incorporation

05/09/1986

Legal form

Private limited company

Registered office

Avenue Firmin Lecharlier 93
1090 Jette · BruxellesSee on map

Contributed capital

149 000,00 €

Latest accounts

30/06/2025

Average workforce

9,3 ETP

Joint committees (1)

Signals

Low riskGood liquidityHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	627,6 k €	-13.3%	723,9 k €	+12.7%	642,1 k €	+86.7%	343,8 k €	-50.9%	700,8 k €	+6.1%	660,8 k €	+36.9%	482,5 k €	+10.4%	437 k €	+18.3%	369,4 k €	+346%	-150,3 k €	-138%	396,3 k €	+14.7%	345,4 k €	-13.4%	399 k €	-3.3%	412,6 k €	-20.0%	515,5 k €	+21.4%	424,8 k €	-21.0%	537,6 k €	+7.2%	501,7 k €	+17.8%	425,8 k €	-10.3%	474,4 k €
EBITDA	-94,1 k €	-528%	22 k €	+159%	-37,5 k €	-206%	35,3 k €	+43.1%	24,7 k €	-74.5%	96,7 k €	-33.5%	145,4 k €	-21.9%	186,1 k €	+18.1%	157,5 k €	+153%	-296,8 k €	-275%	169,9 k €	+59.7%	106,4 k €	-37.0%	168,9 k €	-1.4%	171,3 k €	-35.6%	265,8 k €	+56.0%	170,4 k €	-42.2%	294,9 k €	+112%	138,9 k €	+444%	25,5 k €	-15.1%	30 k €
Operating result	-100,4 k €	-8198%	-1,2 k €	+97.9%	-58,6 k €	-335%	24,9 k €	+719%	3 k €	-96.4%	84,8 k €	-40.8%	143,2 k €	-21.5%	182,4 k €	+19.6%	152,5 k €	+150%	-303,2 k €	-286%	162,8 k €	+64.0%	99,3 k €	-41.0%	168,2 k €	-0.9%	169,8 k €	-30.9%	245,8 k €	+63.5%	150,4 k €	-44.4%	270,4 k €	+317%	64,9 k €	+512%	-15,8 k €	-359%	6,1 k €
Net result	-100,8 k €	-2260%	-4,3 k €	+93.0%	-60,9 k €	-629%	11,5 k €	+297%	-5,8 k €	-111%	53,5 k €	-41.2%	91,1 k €	-43.9%	162,5 k €	+7.3%	151,5 k €	+150%	-303,9 k €	-320%	138,5 k €	+348%	30,9 k €	-69.0%	99,8 k €	-32.2%	147,1 k €	-23.8%	193,1 k €	+46.9%	131,4 k €	-50.1%	263,3 k €	+496%	44,1 k €	+433%	-13,3 k €	-450%	3,8 k €
Balance sheet
Equity	187,1 k €	-35.0%	287,9 k €	-1.5%	292,2 k €	-17.2%	353,1 k €	+3.4%	341,6 k €	-1.7%	347,4 k €	+18.2%	293,9 k €	-27.0%	402,8 k €	+67.6%	240,3 k €	+171%	88,8 k €	-77.9%	402,3 k €	+5.8%	380,3 k €	+4.1%	365,4 k €	+23.5%	296 k €	+79.6%	164,8 k €	+27.0%	129,7 k €	-10.5%	145 k €	+23.2%	117,7 k €	+0.1%	117,5 k €	-10.1%	130,8 k €
Total assets	631,5 k €	-23.4%	824,9 k €	+4.3%	790,6 k €	-6.7%	847,5 k €	+50.4%	563,5 k €	-8.2%	614,1 k €	-9.9%	681,7 k €	-12.8%	782,1 k €	+20.2%	650,8 k €	+42.0%	458,4 k €	-34.5%	700,1 k €	+22.1%	573,3 k €	-3.2%	592,5 k €	+1.7%	582,8 k €	-2.2%	596 k €	+1.1%	589,4 k €	+14.9%	512,9 k €	+65.5%	310 k €	-5.6%	328,2 k €	-3.6%	340,5 k €
Cash	347 k €	+15.0%	301,7 k €	-15.3%	356,2 k €	-33.1%	532,1 k €	+122%	239,9 k €	-48.6%	466,6 k €	+53.3%	304,3 k €	-53.2%	649,9 k €	+63.8%	396,7 k €	+61.5%	245,7 k €	-52.5%	517,8 k €	+20.7%	429 k €	-4.6%	449,8 k €	-5.8%	477,5 k €	-14.7%	559,9 k €	+179%	200,5 k €	-53.5%	431 k €	+103%	212,6 k €	+76.3%	120,6 k €	-8.1%	131,2 k €
Debts	79,7 k €	-59.2%	195,3 k €	+142%	80,8 k €	-42.3%	139,9 k €	+6.4%	131,5 k €	-40.6%	221,5 k €	-11.8%	251,1 k €	-1.9%	255,9 k €	+2.2%	250,5 k €	+27.2%	196,9 k €	-33.8%	297,5 k €	+54.2%	192,9 k €	-15.0%	227,1 k €	-20.1%	284,2 k €	-25.5%	381,5 k €	-6.8%	409,4 k €	+30.4%	314 k €	+139%	131,3 k €	-20.6%	165,4 k €	+3.1%	160,4 k €
Other
Workforce	9,3 ETP	+5.7%	8,8 ETP	-4.3%	9,2 ETP	-18.6%	11,3 ETP	0.0%	11,3 ETP	+22.8%	9,2 ETP	+37.3%	6,7 ETP	+48.9%	4,5 ETP	+25.0%	3,6 ETP	+9.1%	3,3 ETP	-19.5%	4,1 ETP	+2.5%	4,0 ETP	0.0%	4,0 ETP	-2.4%	4,1 ETP	-12.8%	4,7 ETP	-2.1%	4,8 ETP	0.0%	4,8 ETP	-23.8%	6,3 ETP	-10.0%	7,0 ETP	0.0%	7,0 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€

See the valuation

Governance

Board of directors

Seen on filing of 30/06/2025 · 1 active · 9 ended

Active mandates

Alain Borghesi

Administrator - manager

Active

Ended mandates

Kymora

Director · since 03 février 2010 · until 31 mars 2016 · 0823.018.670

Represented by KURT MENU

Ended

Kymora

Director · since 03 février 2010 · until 31 mars 2016 · 0823.018.670

Represented by Kurt MENU

Ended

LDC INVEST

Director · since 03 février 2010 · until 31 mars 2016 · 0822.987.986

Represented by LUDO DE CLERCQ

Ended

LDC INVEST BVBA

Director · since 03 février 2010 · until 31 mars 2016 · 0822.987.986

Represented by Ludo DE CLERCQ

Ended

At this address

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BELGO-SUD● Active	0463.322.379
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Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/07/2024	01/07/2023	01/07/2022	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	30/06/2025	30/06/2024	30/06/2023	30/06/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	6 months	12 months	12 months
Filing date	05/02/2026	18/12/2024	28/12/2023	31/03/2023	24/08/2022	24/07/2021
General meeting	15/11/2025	15/11/2024	15/11/2023	15/11/2022	26/06/2022	25/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	30/06/2025	15/11/2025	05/02/2026	Dutch	PDF
Abridged model	30/06/2024	15/11/2024	18/12/2024	Dutch	PDF
Abridged model	30/06/2023	15/11/2023	28/12/2023	French	PDF
Abridged model	30/06/2022	15/11/2022	31/03/2023	Dutch	PDF
Abridged model	31/12/2021	26/06/2022	24/08/2022	French	PDF
Abridged model	31/12/2020	25/06/2021	24/07/2021	Dutch	PDF
Abridged model	31/12/2019	25/06/2020	30/07/2020	Dutch	PDF
Abridged model	31/12/2018	25/06/2019	23/07/2019	Dutch	PDF
Abridged model	31/12/2017	25/06/2018	25/07/2018	French	PDF
Abridged model	31/12/2016	25/06/2017	24/08/2017	Dutch	PDF
Abridged model	31/03/2016	02/09/2016	28/09/2016	Dutch	PDF
Abridged model	31/03/2015	04/09/2015	28/09/2015	Dutch	PDF
Abridged model	31/03/2014	05/09/2014	30/09/2014	Dutch	PDF
Abridged model	31/03/2013	06/09/2013	29/11/2013	Dutch	PDF
Abridged model	31/03/2012	03/09/2012	27/11/2012	Dutch	PDF
Abridged model	31/03/2011	21/09/2011	29/11/2011	Dutch	PDF
Abridged model	31/03/2010	21/09/2010	29/09/2010	Dutch	PDF
Abridged model	31/03/2009	16/09/2009	27/11/2009	Dutch	PDF
Abridged model	31/03/2008	01/07/2008	28/11/2008	Dutch	PDF
Abridged model	31/03/2007	01/09/2007	28/09/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 k€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 30/06/2025 · 1 active · 9 ended

Active mandates

Alain Borghesi

Administrator - manager

Active

Ended mandates

Kymora

Director · since 03 février 2010 · until 31 mars 2016 · 0823.018.670

Represented by KURT MENU

Ended

Kymora

Director · since 03 février 2010 · until 31 mars 2016 · 0823.018.670

Represented by Kurt MENU

Ended

LDC INVEST

Director · since 03 février 2010 · until 31 mars 2016 · 0822.987.986

Represented by LUDO DE CLERCQ

Ended

LDC INVEST BVBA

Director · since 03 février 2010 · until 31 mars 2016 · 0822.987.986

Represented by Ludo DE CLERCQ

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates13/09/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - BENAMING - DIVERSEN - ONTSLAGEN - BENOEMINGEN
PDF
Mandates13/09/2024
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - DENOMINATION - DIVERS - DEMISSIONS, NOMINATIONS
PDF
Other03/05/2022
DIVERSEN
PDF
Other29/04/2022
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - DIVERS - OBJET - ASSEMBLEE GENERALE - ANNEE COMPTABLE
PDF
Mandates17/02/2022
DEMISSIONS, NOMINATIONS - DIVERS
PDF
Registered office24/02/2017
BENAMING - MAATSCHAPPELIJKE ZETEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Other26/01/2017
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Registered office17/02/2015
MAATSCHAPPELIJKE ZETEL
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 2025-100,8 k €↓
2025
Name changeCecurity Belgium
2024
Annual accounts 2024-4,3 k €↑
2023
Annual accounts 2023-60,9 k €↓
2022
Annual accounts 202211,5 k €↑
2021
Annual accounts 2021-5,8 k €↓
2021
Name changeCecurity Argus
2020
Annual accounts 202053,5 k €↓
2019
Annual accounts 201991,1 k €↓
2018
Annual accounts 2018162,5 k €↑
2017
Annual accounts 2017151,5 k €↑
2016
Annual accounts 2016-303,9 k €↓
2016
Annual accounts 2016138,5 k €↑
2015
Annual accounts 201530,9 k €↓
2014
Annual accounts 201499,8 k €↓
2013
Annual accounts 2013147,1 k €↓
2012
Annual accounts 2012193,1 k €↑
2011
Annual accounts 2011131,4 k €↓
2010
Annual accounts 2010263,3 k €↑
2009
Annual accounts 200944,1 k €↑
2008
Annual accounts 2008-13,3 k €↓
2007
Annual accounts 20073,8 k €
05/09/1986
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

CECURITY BELGIUM

Overview

What does CECURITY BELGIUM do?

Trend over 20 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline